London, United Kingdom – Keir Starmer, who will on Saturday mark his first 100 days in office as the British prime minister (PM), is unpopular. According to an October 8 YouGov poll, the 62-year-old former lawyer’s favourability ratings have plummeted to the lowest level since he took over as Labour…
A gauge of underlying inflation rose unexpectedly last month, clouding hopes for an outsize rate cut from the Federal Reserve when it meets next week. The Consumer Price Index rose 2.5% in August from a year earlier and 0.2% from the previous month — in line with economists’ expectations, according…
Wellington, New Zealand – When Jessica Chong started sending out invitations for a recent party to celebrate her and her partner’s birthdays in Auckland, New Zealand, she realised that few of their closest friends would be able to attend. In the last few months, most of them had moved overseas….
Wednesday marked the third consecutive cut, with the central bank citing continued easing in broad inflationary pressures. The Bank of Canada (BoC) has trimmed its key policy rate by 25 basis points to 4.25 percent as forecast and Governor Tiff Macklem, citing weak growth, said a larger cut could be…
Subway’s $6.99 footlong sandwich deal has sparked a revolt from the chain’s biggest franchise group — which has raised concerns the discount will spark losses for cash-strapped restaurateurs, The Post has learned. Subway announced the promotion on Friday, joining the fast-food value menu wars to lure back inflation-battered consumers. Under…
“Bidenomics is working,” Kamala Harris and the rest of the administration told America for months, abandoning that line only when polls consistently showed it wasn’t working, even as their media allies pointed to various economic stats to argue that the public was simply wrong. And now that she’s the Democratic…
Fast rise in prices led the Fed to increase its benchmark policy rate from near zero to the highest range in a quarter of a century. United States Federal Reserve Chairman Jerome Powell has offered an explicit endorsement of interest rate cuts, saying further cooling in the job market would be…
The level of political donations from major food companies accepted by Democratic lawmakers has ticked higher this congressional election cycle, even as many Democrats have accused the top U.S. grocery chains and their suppliers of pushing prices higher at consumers’ expense, a Reuters analysis of Federal Election Commission data shows….
From the left: Admit What ‘Anti-Zionism’ Is Progressives have been busily “lionizing and glossing over protesters’ actual beliefs” when it comes to anti-Israel voices at the DNC and on campus, notes New York magazine’s Jonathan Chait — and “the bill for this indulgence is coming due in Chicago.” Remember, these…
Donald Trump on Saturday ripped Vice President Kamala Harris’ plan to slap socialist price controls on groceries, saying she’s gone “full Communist.” The Republican presidential nominee compared economic proposals to reduce inflation that “Comrade Kamala” announced a day earlier – which includes cracking down on price gouging – to infamously failed communist…
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